Nykredit A S Makes New $10.71 Million Investment in Kinross Gold Corporation $KGC

Nykredit A/S has made a new $10.71 million investment in Kinross Gold Corporation, purchasing 452,547 shares. This comes as institutional investors and hedge funds collectively own 63.69% of the company. Kinross Gold reported strong quarterly earnings of $0.71 per share, exceeding analyst estimates, and saw its revenue increase by 29.5% year over year to $2.22 billion.